Risk control pain points in auto finance industry

Pain point 1: Cheating in the car loan industry

Some car owners create false identities and use accident cars, deck cars, rental cars and impounded cars to defraud loans. If these problems are not handled properly, there may be more bad debts, which will affect the company's efficiency and development.

Sichuang Cloud Monitoring Platform collects the vehicle trajectory of the owner through the analysis of the permanent residence of personal big data. Through the big data analysis of car tracks, the frequent parking spots of car owners are found. According to these frequent parking spots, it is verified whether the communication address (unit, home) declared by car owners is true, so as to provide the target position and route for subsequent car search.

Pain point 2: The installed GPS equipment was removed.

The biggest headache for the auto financial risk control industry is that it is impossible to monitor the tracks of the car in real time, and the GPS locators installed on the car have been removed. When the GPS is removed, it's like sinking into the sea without a trace. Once the car gets out of control, the risk factor will soar.

When the equipment installed on the vehicle is removed, the alarm information will be immediately uploaded to the Sichuang Cloud monitoring platform, which can control the vehicle in the first time, collect evidence to speed up the search for the vehicle, and reduce the risk of the vehicle being mortgaged or resold.

Pain point 3: one car has more loans, and the car that has just been loaned will be resold immediately.

As soon as the car was lent out, it was immediately transferred by the owner for secondary mortgage or direct resale, and the car loan company wanted to cry, which brought economic losses to the leasing company. Therefore, a professional auto financial risk control system to monitor and manage the post-loan vehicles is particularly important for auto loan companies.

Pain point 4: people and cars disappear

The car that borrowed money is gone, and the owner is gone. Without any accurate data analysis, the probability of finding a car is basically small. Of course, if the car loan company has a good risk control platform, the situation will be different.

On the He Zhi Si Chuang monitoring platform, the historical trajectory of the equipment in 12 months can be played back, and the information such as the status and address of the equipment at each time point can be displayed. Through the platform operation, the car loan company will find that the operating platform page is clear and the information is complete. After configuration, you can see the vehicle trajectory in the map, which is convenient for vehicle management and has a better user experience!

Pain point 5: natural disasters cause vehicle damage.

Affected by geographical and environmental factors, rainstorms and typhoons often occur in the southern coastal areas, and sandstorms often occur in the north. Heavy rain will lead to flooding of vehicles in roads, communities or underground garages; Typhoons and sandstorms caused falling objects and trees to collapse, causing vehicles to be smashed. These natural disasters are sudden, extensive and harmful. If you can't predict in advance, the cost of vehicle damage can't be underestimated.